A roulette wheel consists of 18 red slots, 18 black slots, and 2 green slots. A player can wager $1 that a marble will land in a red slot, in which case the player would gain a $1. If the marble lands in a slot that isn't
red, then the player loses their $1 wager. Let X represent the player's gain from a random $1 wager on
red. Here's the probability distribution of X along with summary statistics:
Lose
Win
-1
1
X = gain ($)
P(X)
20/38
18/38
Mean:
ux~-$0.05
Standard deviation:
ox~$1.00
Suppose a player decides to wager $5 instead of $1, so the possible outcomes become either losing or
winning $5. Let Z represent the player's gain from a random $5 wager on red.
What are the mean and standard deviation of Z?

step-by-step explanation:

1. practice, practice & more practice

2. review errors

3. master the key concepts

do not try to memorise the processes.

4. understand your doubts.

5. create a distraction free study environment

6. create a mathematical dictionary

7. apply maths to real world problems.

option c) graph of line going through 1, 4 and 3, 10

step-by-step explanation:

let y equal to margo's coin collection

let x equal to number of years

at the begining x=0, y=1 → point=(x,y)→point=(0,1)

she adds 3 coins per year, then y=1+3x

at x=1, y=1+3(1)=1+3→y=4→point=(x,y)→point=(1,4)

at x=3, y=1+3(3)=1+9→y=10→point=(x,y)→point=(3,10)

the graph of line going through (1, 4) and (3, 10), then the option c is the correct.

d. 24+-0.114

step-by-step explanation:

the question requires us to calculate the approximate 95% confidence interval for the mean number of ounces of ketchup per bottle in the sample given the following statistics;

sample mean = 24

standard deviation, σ = 0.4

sample size , n = 49

the confidence interval for a population mean is calculated using the formula;

sample mean ± z-score*(σ/sqrt(n))

the z-score associated with a 95% confidence interval, from the standard normal tables, is;

1.96

substituting these values into the formula;

24 ± 1.96*(0.4/7)

= 24 ± 0.112

from the alternatives given, choice d is closest to the above expression;